Monarch Non Currrent Assets Other vs Property Plant And Equipment Gross Analysis

MCRI Stock  USD 65.42  1.60  2.39%   
Monarch Casino financial indicator trend analysis is infinitely more than just investigating Monarch Casino Resort recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monarch Casino Resort is a good investment. Please check the relationship between Monarch Casino Non Currrent Assets Other and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Currrent Assets Other vs Property Plant And Equipment Gross

Non Currrent Assets Other vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarch Casino Resort Non Currrent Assets Other account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have no relationship.
The correlation between Monarch Casino's Non Currrent Assets Other and Property Plant And Equipment Gross is 0.09. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Monarch Casino Resort, assuming nothing else is changed. The correlation between historical values of Monarch Casino's Non Currrent Assets Other and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Monarch Casino Resort are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Currrent Assets Other i.e., Monarch Casino's Non Currrent Assets Other and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Gross

Most indicators from Monarch Casino's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monarch Casino Resort current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of now, Monarch Casino's Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense4.5M2.4M1.6M1.5M
Depreciation And Amortization38.4M43.4M47.3M49.7M

Monarch Casino fundamental ratios Correlations

0.370.770.950.961.00.20.960.630.841.00.010.840.720.490.530.990.760.840.780.950.98-0.580.50.5-0.33
0.370.490.240.120.370.980.12-0.180.420.37-0.290.420.260.350.970.380.050.10.830.120.380.010.160.16-0.11
0.770.490.770.680.770.410.680.090.460.77-0.180.460.940.750.540.740.430.590.820.670.78-0.340.370.37-0.24
0.950.240.770.940.950.090.930.640.710.950.020.710.760.450.410.940.720.860.70.960.92-0.580.420.43-0.34
0.960.120.680.940.96-0.061.00.70.810.960.110.810.690.450.290.950.790.860.60.970.95-0.610.510.52-0.27
1.00.370.770.950.960.210.950.630.821.0-0.030.820.730.490.540.990.760.860.790.960.97-0.610.460.47-0.36
0.20.980.410.09-0.060.21-0.06-0.330.210.2-0.370.210.20.270.920.21-0.09-0.050.73-0.050.20.10.040.03-0.11
0.960.120.680.931.00.95-0.060.690.810.960.10.810.680.440.290.940.80.810.590.960.95-0.540.570.58-0.25
0.63-0.180.090.640.70.63-0.330.690.570.640.190.570.1-0.080.020.640.740.680.190.750.54-0.560.320.33-0.34
0.840.420.460.710.810.820.210.810.570.830.231.00.340.390.520.820.610.640.650.740.87-0.40.550.56-0.05
1.00.370.770.950.961.00.20.960.640.830.00.830.710.480.530.990.760.840.780.950.97-0.590.490.5-0.33
0.01-0.29-0.180.020.11-0.03-0.370.10.190.230.00.23-0.180.03-0.29-0.06-0.150.18-0.230.090.04-0.14-0.07-0.070.23
0.840.420.460.710.810.820.210.810.571.00.830.230.340.390.520.820.610.640.650.740.87-0.40.550.56-0.05
0.720.260.940.760.690.730.20.680.10.340.71-0.180.340.670.330.710.430.620.660.70.75-0.40.250.25-0.36
0.490.350.750.450.450.490.270.44-0.080.390.480.030.390.670.340.460.160.410.630.390.53-0.290.340.330.04
0.530.970.540.410.290.540.920.290.020.520.53-0.290.520.330.340.540.220.260.890.30.51-0.130.230.23-0.21
0.990.380.740.940.950.990.210.940.640.820.99-0.060.820.710.460.540.790.820.780.940.97-0.570.490.5-0.36
0.760.050.430.720.790.76-0.090.80.740.610.76-0.150.610.430.160.220.790.580.440.790.74-0.330.580.59-0.44
0.840.10.590.860.860.86-0.050.810.680.640.840.180.640.620.410.260.820.580.540.90.79-0.90.040.05-0.37
0.780.830.820.70.60.790.730.590.190.650.78-0.230.650.660.630.890.780.440.540.610.77-0.330.380.38-0.32
0.950.120.670.960.970.96-0.050.960.750.740.950.090.740.70.390.30.940.790.90.610.92-0.660.40.41-0.43
0.980.380.780.920.950.970.20.950.540.870.970.040.870.750.530.510.970.740.790.770.92-0.50.530.54-0.3
-0.580.01-0.34-0.58-0.61-0.610.1-0.54-0.56-0.4-0.59-0.14-0.4-0.4-0.29-0.13-0.57-0.33-0.9-0.33-0.66-0.50.270.270.3
0.50.160.370.420.510.460.040.570.320.550.49-0.070.550.250.340.230.490.580.040.380.40.530.271.00.12
0.50.160.370.430.520.470.030.580.330.560.5-0.070.560.250.330.230.50.590.050.380.410.540.271.00.11
-0.33-0.11-0.24-0.34-0.27-0.36-0.11-0.25-0.34-0.05-0.330.23-0.05-0.360.04-0.21-0.36-0.44-0.37-0.32-0.43-0.30.30.120.11
Click cells to compare fundamentals

Monarch Casino Account Relationship Matchups

Monarch Casino fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets610.9M671.9M690.5M692.9M690.4M724.9M
Short Long Term Debt Total211.0M194.5M102.4M20.6M20.4M19.4M
Other Current Liab41.6M84.5M101.9M73.0M44.9M23.4M
Total Current Liabilities79.5M109.4M141.2M117.7M123.4M129.5M
Total Stockholder Equity341.2M368.1M448.0M539.0M513.1M538.8M
Property Plant And Equipment Net501.5M572.5M580.8M578.1M580.5M609.5M
Net Debt150.5M166.1M68.9M(18.2M)(22.9M)(21.8M)
Retained Earnings318.6M342.3M410.7M498.2M467.8M491.2M
Accounts Payable17.0M11.7M18.6M14.4M70.7M74.2M
Cash60.5M28.3M33.5M38.8M43.4M45.5M
Non Current Assets Total531.7M598.7M606.4M603.5M615.4M646.2M
Non Currrent Assets Other908K(598.6M)(19.6M)(23.0M)23.1M24.2M
Cash And Short Term Investments60.5M28.3M33.5M38.8M43.4M45.5M
Net Receivables5.6M28.6M35.8M34.6M13.0M7.1M
Common Stock Shares Outstanding18.7M18.9M19.4M19.6M19.6M14.6M
Liabilities And Stockholders Equity610.9M671.9M690.5M692.9M690.4M724.9M
Non Current Liabilities Total190.2M194.4M101.3M36.2M53.9M61.6M
Inventory6.7M7.8M7.2M7.6M7.6M8.0M
Other Current Assets6.2M8.4M7.6M8.5M11.0M11.5M
Other Stockholder Equity22.4M25.6M37.1M40.5M45.1M47.4M
Total Liab269.7M303.8M242.4M154.0M177.2M101.8M
Property Plant And Equipment Gross501.5M572.5M834.4M870.1M904.4M949.7M
Total Current Assets79.2M73.2M84.1M89.4M75.0M78.7M
Other Assets6.4M6.3M3.6M130K149.5K142.0K
Long Term Debt175.4M167.2M68.2M5.5M6.3M6.0M
Property Plant Equipment501.5M572.5M580.8M578.1M664.8M698.0M
Net Tangible Assets341.2M368.1M422.4M513.5M590.5M312.2M
Retained Earnings Total Equity286.8M318.6M342.3M410.7M472.3M256.0M
Long Term Debt Total94.5M175.4M167.2M68.2M78.4M83.4M
Capital Surpluse30.1M35.2M34.5M41.4M47.6M33.2M
Deferred Long Term Liab1.4M800K13.2M19.6M22.6M23.7M
Accumulated Depreciation(197.6M)(206.7M)(220.0M)(229.8M)(206.8M)(217.1M)

Currently Active Assets on Macroaxis

When determining whether Monarch Casino Resort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monarch Casino's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monarch Casino Resort Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monarch Casino Resort Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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When running Monarch Casino's price analysis, check to measure Monarch Casino's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Monarch Casino is operating at the current time. Most of Monarch Casino's value examination focuses on studying past and present price action to predict the probability of Monarch Casino's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monarch Casino's price. Additionally, you may evaluate how the addition of Monarch Casino to your portfolios can decrease your overall portfolio volatility.
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Is Monarch Casino's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monarch Casino. If investors know Monarch will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monarch Casino listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.033
Dividend Share
1.2
Earnings Share
4.23
Revenue Per Share
26.296
Quarterly Revenue Growth
0.043
The market value of Monarch Casino Resort is measured differently than its book value, which is the value of Monarch that is recorded on the company's balance sheet. Investors also form their own opinion of Monarch Casino's value that differs from its market value or its book value, called intrinsic value, which is Monarch Casino's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monarch Casino's market value can be influenced by many factors that don't directly affect Monarch Casino's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Monarch Casino's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monarch Casino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monarch Casino's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.